Fast In Fast Out Strategy
Fast In Fast Out Strategy is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It places pending orders, moves the stop behind price and can size trades from your risk. It has 12 settings, for example Enter Point (default 22), Max Spread (default 25) and Take Profit (default 500). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About Fast In Fast Out Strategy
Fast In Fast Out Strategy is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 12 settings, such as Enter point, Max spread and Take profit. MQL source code included.
Files in the download: Fast In Fast Out V1.0.mq4, Best Trading Systems.url.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Enter point | 22 | Points for Order entry |
| Max spread | 25 | Max spread |
| Take profit | 500 | Take profit |
| Stop loss | 300 | Stop loss |
| Magic | 124578 | Magic number |
| Slippage | 15 | Slippage |
| Volatility size | 224 | Volatility size |
| Trail my orders | true | Trailing stop |
| Money managment | true | Manage Money for Auto Order lot |
| Trailing stop | 1 | Trailing distance |
| Risk | 10 | Risk percent |
| Time frame | PERIOD_M15 | Working time frame |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code